While digital currency markets have seen a drop in value over the past two months, weekly sales of non-fungible tokens (NFTs) have fallen lower.
NFT sales rose more than 10% in seven days compared to the previous week, according to statistics. Cryptopunk #4464, a particular NFT sale, helped to increase this week’s sales volume. The NFT was sold for $2,500 ether, or $2.6million at settlement.
Cryptopunk sales grew by 545%, Ronin based NFT sales climbed 146% higher, Gaming NFTs rise above art and digital collectibles
The weekly NFT sales volume has been lower over the past two months due to NFT values reflecting the crypto economy’s bearish market losses. However, NFT sales this week are 10.82% more than last week’s, with $147 million recorded, compared to $133 million last week.
The collection’s floor value was increased by the recent Cryptopunk #4.464 sale. It is now the third most valuable with the cheapest NFT selling at 76.8 ETH today. BAYC has the highest floor value, with the most affordable Bored Ape selling at 95 ETH. Proof Collective is second with 82 ETH.
Data indicates that NFT sales have dropped steadily since August 22, 2021. However, there was a slight upswing in April 20, 222. Gaming NFTs are increasing despite art and digital collectibles sales being lower.
The Cryptopunks collection has $2.86 trillion in annual sales and is close to $3 billion in total sales. Axie’s Infinity NFT sales have brought in $4.23 Billion in total sales and Opensea NFT market has recorded $31.27 Billion in NFT sales.